Active Listing  ·  245 days on market

1208 W Oltorf St #B

Austin, TX 78704
$899,000
3 Bed 4 Bath 1,904 sqft $472/sqft Built 2025 0.09 acres Pool Southwood

**Fully Furnished Modern Home in Austin’s Coveted 78704**

Experience the best of South Austin living in this fully furnished, move-in-ready 2025 residence in highly sought-after 78704, with convenient access to Bouldin Creek, South Congress (SoCo), South Lamar, Zilker Park, Barton Springs, Lady Bird Lake and Downtown Austin.

Offering 1,904 square feet across three thoughtfully designed levels, this 3-bedroom, 3.5-bath home combines modern style, flexible living space and a prime central Austin location.

The light-filled main level features an open-concept floor plan, high ceilings and a designer kitchen with quartz countertops, a large island, stainless steel appliances and gas cooking. The living and dining areas flow to a covered rear porch and private fenced backyard shaded by mature trees—perfect for relaxing, entertaining and enjoying the Austin lifestyle.

All three bedrooms are located on the second level along with a dedicated laundry area. The finished third floor offers approximately 374 square feet of versatile flex space with a full bath—ideal for a home office, media room, fitness space, guest retreat or additional living area.

Additional highlights include a private driveway, attached covered carport, covered front and rear porches, walk-in closets, refrigerator, washer and dryer.

**Offered fully furnished and move-in ready**, making this an exceptional opportunity for a primary residence, second home or lock-and-leave Austin lifestyle.

Enjoy easy access to some of Austin’s most popular restaurants, trails, entertainment and outdoor recreation—all from the heart of 78704.

**Modern design. Flexible space. Private outdoor living. Fully furnished. Welcome home.**

At $472/sqft, this home is priced 20% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1208 W Oltorf St #B, Austin, TX 78704

Property Details

Price $899,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 1,904 sqft
Lot Size 0.09 acres (3,881.2 sqft)
Year Built 2025
Garage ,
Stories ,
Type Residential · Townhouse
Subdivision Southwood
County Travis
Zip Code 78704
$/sqft $472/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,880.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216988826
List Date January 20, 2026
Elementary School Becker
Middle School Travis
High School Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · January 20, 2026 $1,090,000
Previous ask $960,000
Current ask $899,000
Reduced $191,000 (-17.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1208 W Oltorf St #A
Southwood
$899,000 $472 3 bd / 4 ba 1,904 sqft , 2026-01-31
900 S 1st St #312
Bouldin Creek
$899,000 $549 3 bd / 2 ba 1,639 sqft , 2026-08-20
2323 S Lamar Blvd #206
Precision Add
$899,000 $686 2 bd / 2 ba 1,310 sqft , 2026-08-27
2505 Bluebonnet Ave #12
Del Curto
$899,900 $459 3 bd / 3 ba 1,959 sqft , 2026-07-09
3001 Del Curto Rd #35
Canopy Condo
$898,000 $415 4 bd / 3 ba 2,163 sqft , 2026-04-15

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$4,315/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$179,800
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (~2.1% TX avg)−$1,573
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,539

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 22, 2026.

📞 (254) 718-2567 [email protected] More about Luke →